General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, life, marine hull, cargo and offshore energy, and miscellaneous products. General Insurance Corporation of India was incorporated in 1972 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for GICRE Revenues for GICRE are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
0.473000
forwardPE
6.858558
debtToEquity
0.000000
earningsGrowth
0.807000
revenueGrowth
0.132000
grossMargins
0.217830
operatingMargins
0.188670
trailingEps
44.660000
forwardEps
35.110000
GICRE's current ratio of 0.473 implies that the company may face difficulties covering short-term debt with its current assets and cash reserves. This signals potential liquidity risks and could require additional financial strategies to meet obligations. GICRE's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future. With GICRE's forward EPS lower than its trailing EPS, the company is expected to experience a drop in profitability. This suggests a potential slowdown in financial performance compared to the previous year.
Price projections:
Price projections for GICRE Over time, price projections for General Insurance Corporation of India have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect General Insurance Corporation of India to continue on a positive growth trajectory.
Recommendation changes over time:
Recommendations trend for GICRE
Analysts have been favoring General Insurance Corporation of India with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning General Insurance Corporation of India as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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